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Ahead of IPO, Shein Pledges €250 Million to Circularity, Business in the UK and Europe

Ahead of IPO, Shein Pledges €250 Million to Circularity, Business in the UK and Europe

Ultra-fast-fashion giant Shein said it will invest €250 million ($271 million) in British and European designers and circularity initiatives over the next five years as it seeks to manage a regulatory crackdown targeting “fast fashion” and drum up support for a potential IPO in London.

The disruptive Singapore-based e-tailer said Tuesday that it plans to launch a €200 million circularity fund focused on textile-to-textile recycling and…


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Why Nato summit is important for Joe Biden in presidential race

Why Nato summit is important for Joe Biden in presidential race

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‘Whatchamacallit’, ‘gizmo’ and ‘thingamajig’: What we say when we can’t find the right word—and why